The Southland’s housing recovery held its ground in June as home sales rose, fueled by government tax incentives, but the median home price dropped a notch from May. The median price for all new and resale single-family homes, condominiums and town homes was $300,000 in June, according to research firm MDA DataQuick of San Diego. [...]
Filed under: Industry and Economic News on July 14th, 2010 | No Comments »
A critically acclaimed contemporary home designed by Eric Owen Moss has come on the market for the first time in Brentwood. Featured in books, magazines and television shows, the Lawson/Westen House is a geometric amalgamation of concrete, steel, glass and wood highlighted by a three-story truncated cone that rises over the kitchen. Continue Reading the [...]
Filed under: Industry and Economic News on June 29th, 2010 | No Comments »
How low can they go? 15-year fixed rates set new record May 27, 2010 | 9:56 am Anyone out there still have the old-fashioned notion to retire their mortgage sooner rather than later? Homeowners able to refinance were finding lenders offering 15-year fixed-rate mortgages at an average of 4.21% this week, according to Freddie Mac — [...]
Filed under: Industry and Economic News on May 27th, 2010 | No Comments »
Lenders likely to order second, last-minute credit report before closing on a mortgage Changes taking effect June 1 are part of Fannie Mae’s ‘loan quality initiative’ to cut down on slipshod underwriting and fraud by borrowers. By Kenneth R. HarneyMay 16, 2010 Reporting from Washington If you’re thinking about applying for a home mortgage this [...]
Filed under: Industry and Economic News on May 19th, 2010 | No Comments »
Press Release May 2010 Beverly Hills, CA Teles Properties Presents Eric Hass—Negotiating Powerhouse Eric Hass brings a lifetime of real estate experience to every transaction. In fact, with Realtors as parents, Eric absorbed the language and skills of the profession long before he thought of pursuing it himself. A California native raised in the San [...]
Filed under: Industry and Economic News on May 14th, 2010 | No Comments »
The Standard & Poor’s/Case-Shiller index of 20 metropolitan areas falls 0.1% overall for February. But San Diego, San Francisco and Los Angeles post gains. By Alejandro Lazo, Los Angeles Times April 28, 2010 A trio of California cities bucked a nationwide home price decline in February while most of the other metro areas posted losses [...]
Filed under: Industry and Economic News on April 29th, 2010 | No Comments »
April 15, 2010 Most Americans See Home Prices Stable or Rising Seventy-two percent think now is a good time to buy a house by Dennis Jacobe, Chief Economist PRINCETON, NJ — Lower but stabilizing home prices combined with continued low mortgage interest rates have persuaded 72% of Americans that now is a “good time” to [...]
Filed under: Community Feedback, Industry and Economic News on April 29th, 2010 | No Comments »
The DJ plunks down nearly $4 million for the Hollywood Hills fortress. Moby, as DJ and singer-songwriter Richard Melville Hall is known, has purchased Wolf’s Lair, a Hollywood Hills castle-like fortress with views of downtown, Griffith Park, the Hollywood sign and the ocean, for $3.925 million. The sellers are Lionsgate Entertainment’s Jay Faires and Debbie [...]
Filed under: Industry and Economic News, Teles News and Press Releases on April 20th, 2010 | No Comments »
Laguna Beach house seamlessly blends art, architecture The contemporary home in the private community of Irvine Cove has five bedrooms, 6 1/2 bathrooms and panoramic ocean views. By Scott Marshutz April 18, 2010 Art and architecture blend seamlessly in this contemporary Laguna Beach home in the private community of Irvine Cove. A heavily detailed three-quarter-inch [...]
Filed under: Industry and Economic News, Teles News and Press Releases on April 19th, 2010 | No Comments »
HOT PROPERTY February 01, 2010|By Lauren Beale Stand-up comic and actor Sinbad has listed his longtime family home in gated Hidden Hills at $3 million. A long private driveway leads to the five-bedroom, five-bathroom country estate, which sits on a hilltop amid mature trees on 2.5 acres. There are fireplaces in the formal dining room [...]
Filed under: Industry and Economic News, Teles News and Press Releases on April 9th, 2010 | No Comments »